I doubt it will stop here.  Bull trap rally.

Choo choo mother fuckers

So before midnight then. 

Have you considered that Gox could be turned into a Ponzi scheme by the technique described above. 

Referenced post has been deleted.

Btw the price is going up

Not really.  Although the market will crap itself when it finally works it out.  Markets are pretty stupid.

I can believe USD problems.  I can believe SEPA problems.

In isolation from the above, I can believe bitcoin client problems.

I am deeply troubled by JPY domestic withdrawal issues.  

Put all 4 factors together at the same time and it is the exact behaviour of a company that is trading while insolvent.  Especially since this pressure has been building for such a long time.  

I think (for one reason or another) that they have probably been technically insolvent since June when they stopped the USD wires.  That bought them some time.

It is only now that they have finally had a run on the bitcoin bank and exhausted their ability to string everyone along and the music has stopped.  Everyone in the room caught without a chair is SOL.

Tera

How do you calculate how much funds you have left to bid in exchange mode without spreadsheeting it all?  

I can't find an easy way on BFX to display your non frozen / non committed funds.  

Also BFX was allowing unfunded orders to be placed for a few hours which is slightly worrisome.  It is now stopping me from placing them which is a good thing. 

If it gets below previous low of $382 on Bitstamp then things are starting to get interesting.  I have decided not to add more fiat but if that happens I may reconsider dipping into savings and aggressively buy in.

Thank you for the offer but I will pass.  No disrespect to yourself but other bets on this forum do tend to end in tears.

My thoughts are we have seen the end of coins from Mt Gox.  There will never be another coin that leaves because there aren't any left.  

All these waves and fans are too complicated for me.

I just had a good chunk of my limit orders filled and reset to resell closer to 800.  Let's see how we go.

On his yacht in the Med.

Please tell me you are not sending coins to Gox.

Fair comment.  We have 3 confirmations now though.  

You don't have a plan so do nothing. 

Miners have not mined a block for over an hour.  Means all the coins moving to the exchange to sell have been stuck in queue. Now released.

First block hit. Let's see what happens.

There hasn't been a block in 61 minutes.  Shit gonna go down when next blocks start hitting. Hold onto your pants.